Technical
Financial
Distress signals
Property profile

505 53rd Ave Gainesville, FL 32609

OFF-MARKET
Warehouses
Property ID
US18-9680078
12,675 SF 4.18 ac lot Built 1985
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Construction STEEL FRAME
Total area 12,675 SF
Lot 4.18 ac (182,081 SF)
Zoning code I1
APN 07965-020-001
UPID US18-9680078

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

505 53rd Ave Gainesville, FL 32609-1014
Gainesville metro Census 1902 GAINESVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$700k
Blend (final) Blend
$330k

Owner & transaction history

since 2008
7 recorded transactions
2020
Price N/A
2008
$900,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I1 · Gainesville, FL
Zoning description

The intent of this zone is to provide alcoholic beverage establishment, business services, carwash, drive through facility, emergency shelter, equipment sales, rental and leasing, heavy.

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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